NBC execs pinned the blame for the contract dispute directly on Conan. So, let’s say you’re a late-night host treated like crap by your network. They damage your trust and you are basically forced to walk. But you want to make sure all of your employees get a severance package that doesn’t suck, because, hey, it’s the recession. Would you pose the situation like this?: “It was Conan’s decision to leave NBC that resulted in nearly 200 of his staffers being out of work.” We sure wouldn’t. In case you were wondering: NBC is run by greedy douchebags. source
The only reason that the U.S. economy is doing as well as it is, is because of the government stimulus package. Now, if the government doesn’t introduce another stimulus package, this one will burn off in the first half and in the second half we could easily slip back into recession.
Westwood Capital Managing Director Len Blum • Arguing for the need for more stimulus on CNBC this morning. He notes that the government isn’t exactly in a position to be giving out more stimulus money due to the massive amount of lending it’s doing at the moment. Is this guy full of it? Depends on who you ask. Others argue that we might see a soft landing instead of a double dip. We argue that CNBC is full of speculation and it’s kinda hard to trust the speculation from their network. source